Quote:
Originally Posted by Chris
That's not surprising - if it's levied on the service provider, rather than on the sub directly, the service provider will have to add it to the sub's bill in order to recoup the cost. At which point it would automatically attract VAT, along with everything else on the bill.
IIRC the Tories aren't mad keen on this scheme however, and as they're likely to be the Government in less than six months, it may be that nobody ever has to pay this levy.
|
The Tories favour letting the market sort itself out, and hopefully to support this idea they will remove some of the barriers to investment in next generation networks.
VAT is levied, this is a duty in a similar manner to excise duty. The supplier pays the government then either eats up the charge or, more likely, passes it to the subscriber at which point of course that charge becomes liable for VAT.